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REO Sale: Bolden Courts | Value-Add Reposition, Atlanta MSA

$450,000

3164 Cushman Circle Southwest, Atlanta, GA 30311

Active
Last Updated: 09/24/2026

43,176 sqft

Building Size

3.01 acres

Lot Area

Details:
Building Size:    43,176 sqft
Lot Area:    3.01 acres
Occupancy:    25%
Units:    48
Year Built:    1973
Floors:    2
Highlights:
  • Substantial Vacancy Fuels Lease-Up Upside: Only 25% physical occupancy leaves significant room to lease up and stabilize operations.
  • 48-Unit Scale For Hands-On Execution: Forty-eight units provide efficient scale for a hands-on, value-add operating strategy.
  • All Two-Bedroom Unit Mix Aids Renter Demand: 100% two-bedroom/one-bath units support strong renter demand and longer average tenant tenure.
  • Exterior Capital Improvements Completed: Prior ownership completed exterior upgrades, reducing near-term capital expenditure needs.
  • Southwest Atlanta Infill Location Near I-285: Convenient access to Downtown Atlanta, Midtown, and Hartsfield-Jackson International Airport.
  • Defined Value-Add Repositioning Plan: Professional management, targeted leasing, and incremental unit upgrades can drive NOI growth.
Description:

For more information visit:
https://rimarketplace.com/auction/3455/multifamily/atlanta/ga?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=november4_2026&utm_content=multifamily_3455

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 3164 Cushman Circle is a 48-unit multifamily value-add opportunity in Southwest Atlanta, GA built entirely of two-bedroom/one-bathroom units. The property is currently just 25% occupied, giving a new owner a clean runway to reposition and stabilize the asset through focused leasing and professional management. Prior ownership already completed exterior capital improvements, reducing near-term capex needs and preserving curb appeal. With substantial vacancy in place, investors can drive meaningful NOI growth through improved occupancy, incremental unit upgrades, and tighter operations. The asset sits within an established Southwest Atlanta residential corridor with convenient access to Downtown Atlanta, Midtown, and Hartsfield-Jackson International Airport, in a submarket benefiting from steady population growth and expanding employment centers.


Bidding Opens
Nov 03 1:00 AM
Bidding Closes
Nov 05 1:00 AM

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